Reliance Industries: Earnings Decline on Weak O2C Segment. Maintain ADD
RIL’s consolidated Q1FY25 EBITDA stood at INR 388bn (+2% YoY, -9% QoQ), coming in below our estimate, largely impacted by weakness in its O2C segment
212 Views
Reliance Industries - Earnings Decline on Weak O2C Segment. Maintain ADD
RIL’s consolidated Q1FY25 EBITDA stood at INR 388bn (+2% YoY, -9% QoQ), coming in below our estimate, largely impacted by weakness in its O2C segment
190 Views
Reliance Industries (Q4FY24): Strong Growth in Consumer Businesses. Maintain ADD
Our estimates remain unchanged. However, our target price is revised to INR 3,255/sh as we roll forward to FY26. We use EV/EBITDA to value...
211 Views
Reliance Industries (Q2FY24): Robust Earnings from Energy Businesses. Maintain ADD
RIL’s consolidated EBITDA at INR 410bn (+32% YoY, +8% QoQ, HSIE: INR 385bn) and APAT at INR 174bn (+27% YoY, +9% QoQ) came in above our estimates
138 Views
Reliance Industries (Q2FY24): Robust Earnings from Energy Businesses.
Our ADD rating on Reliance Industries (RIL) with a price target of INR 2,515/sh is premised on (1) recovery in the O2C businesses, (2) EBITDA...
213 Views